"Own Tennis Balls Not Eggs"
Nice bounce back after -10% a week as sellers rejected another breakout attempt.
However buyers defended the 10wkMA with a nice bounce and closing just at the resistance zone.
Keep on watch for a blue sky breakout, I think we get one soon based on the tight range and good buy volume (black arrows).
Will remain bullish so long as price holds the 10wkMA
Cheers
Nice bounce back after -10% a week as sellers rejected another breakout attempt.
However buyers defended the 10wkMA with a nice bounce and closing just at the resistance zone.
Keep on watch for a blue sky breakout, I think we get one soon based on the tight range and good buy volume (black arrows).
Will remain bullish so long as price holds the 10wkMA
Cheers